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14-Feb2019

Dena Bank assigns, transfers entire loan account of Hubtown to International Asset Reconstruction

Dena Bank has assigned and transferred the entire loan account of Hubtown along with all underlying securities to International Asset Reconstruction Company acting in its capacity as Trustee of IARF III Trust Scheme - 1.

Hubtown engaged in the development, sale, and lease of commercial, residential, retail, and industrial properties. The company's project portfolio primarily comprises residential projects, commercial projects, special economic zones, SRAs, IT parks, biotech parks, robotic car parks, retail parks, and textile parks.


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